866 Prospect Place, Brooklyn (Crown Heights), NY, 11216 | $3,250,000

Elegant & Expansive Two Family on coveted Prospect Place, Crown Heights North Historic District

Welcome to 866 Prospect Place, a landmarked 6, 000-square-foot Renaissance Revival limestone built in 1897 by legendary architect George P. Chappell. Situated on an expansive 125-foot-deep lot on arguably the neighborhood's most coveted bucolic blocks, this stately four-story, two-family residence offers an ideal configuration: a grand 4-bedroom owner's triplex over an income-generating expansive 3-bedroom garden-level apartment.

The exterior showcases a striking limestone facade detailed with polygonal bay windows, arched parlor transoms, and intricate floral relief carvings.

Inside, the airy, sunny Parlor Floor opens to a sweeping flared staircase, soaring ceiling height, and a sun-drenched living room featuring windows that are rare, extraordinary and beautiful. The rear of the Parlor Floor features a contemporary light-filled eat-in kitchen that flows seamlessly onto a private morning deck lush with foliage. A regal dining room with vaulted ceilings, pocket doors, brass hardware, and original cabinetry was built for entertaining and is perfectly maintained. Parquet flooring unifies the rooms with inlay bordering.

The upper floors prioritize space and functionality. The third floor offers two generous bedrooms with dedicated en-suite baths, offering the luxury of privacy. The entire fourth floor serves as a dedicated primary sanctuary, boasting a bright & airy bedroom with treetop views, a marble-and-brass bathroom, two bright skylights, and two versatile bonus rooms perfect for home offices.

The 1, 500-square-foot garden rental provides a reliable three-bedroom, one-bathroom floor-through, replete with its own washer/dryer & dishwasher.

The house is set behind a manicured front garden of boxwood & heirloom roses and is situated on one of the prettiest leafy blocks in Brooklyn. The property features updated kitchens and baths, new appliances, the installation of a copper water main from lead (better for brain health!), new hot water heater and furnace systems.

866 Prospect Place is a true architectural masterpiece. It has many unique and extraordinarily beautiful features. It is bright, airy, has wonderful flow and magnanimous proportions.

Enjoy unparalleled access to Brower Park, The Children's Museum, the Brooklyn Botanic Garden, The Brooklyn Museum, Franklin and Vanderbilt Avenues vibrant dining scenes, and the 2/3/4/5 on Eastern Parkway, and A express trains.

Features

  • Town: Brooklyn
  • Rooms: 18
  • Laundry: InUnit
  • Year Built: 1925
  • Cooling: Unknown Type
  • Service Level: None
  • Built Size: 18'x45'
  • OLR#: RLS20091496
  • Days on Market: 4 days
  • Website: https://www.raveis.com
    /prop/RLS20091496/866prospectplace_brooklyn_ny?source=qrflyer
All information is intended only for the Registrant’s personal, non-commercial use. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. RLS Data display by William Raveis Real Estate, Inc.
Listing courtesy of Corcoran Group

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Frank KolbSenior Vice President - Coaching & Strategic, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 81725

203.980.8025

Frank.Kolb@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
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866 Prospect Place, Brooklyn (Crown Heights), NY, 11216

$3,250,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Frank Kolb

Senior Vice President - Coaching & Strategic

William Raveis Mortgage, LLC

Phone: 203.980.8025

Frank.Kolb@raveis.com

NMLS Mortgage Loan Originator ID 81725

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $2,600,000 $2,600,000 $2,600,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.500% 6.250% 6.000%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.165% 6.361% 6.183%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $14,763 $16,009 $21,940
Total Monthly Payment $14,888 $16,134 $22,065

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.